Sale of shares in CARGOTOR Sp. z o.o.

The administrator of the rehabilitation estate of PKP CARGO S.A. under restructuring (the “Company”, “PKP CARGO”) announces that today the Company and PKP PLK S.A. (“PKP PLK”) signed an agreement for the sale of 100% of shares in CARGOTOR Sp. z o.o. (“CARGOTOR”) held by PKP CARGO (the “Sale Agreement”).

The signing of the Sale Agreement is a consequence of the conclusion on December 31, 2025, of the Investment Agreement specifying the terms and conditions of the sale of shares in CARGOTOR, about which the Company informed in its current report 137/2025.

The parties entered into a Sale Agreement concerning the sale by PKP CARGO of 20,181 shares in CARGOTOR, representing 100% of its shares, for PLN 28,800,000.00. The Sale Agreement was signed after the Judge-Commissioner granted consent for the transaction, the necessary corporate approvals were obtained, and the President of the Office of Competition and Consumer Protection (UOKiK) issued a decision approving PKP PLK’s acquisition of control over CARGOTOR. The sale price of the shares was determined jointly by both parties on the basis of an offer submitted by PKP PLK and valuations prepared by PKP CARGO and PKP PLK. The transfer of ownership of the Shares to PKP PLK will take place on the date of receipt of the sale price in the bank account of PKP CARGO.

The sale of CARGOTOR shares, as provided for in the Company’s Restructuring Plan, is part of the process of optimizing and simplifying the structure of the PKP CARGO Group as part of ongoing restructuring activities.